Director, Actuarial Services at Homesteaders Life Company

West Des Moines, Iowa, United States -

Full Time

Start Date

Immediate

Expiry Date

24 Mar, 26

Salary

0.0

Posted On

24 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Science, Statutory Reserves, GAAP Reserves, Internal Audit, External Audit, Reinsurance, Actuarial Software, Microsoft Office, Excel, SQL, Management, ARCVAL, MG-ALFA/Integrate, Python, Power BI, Life Insurance

Industry

Insurance

Description

Description As a Director, Actuarial Services you will be responsible for leading the development and management of the company statutory and GAAP reserves. You will oversee monthly reporting of reserves and related financial items. You will work with the actuarial team to help support engagement with internal audit, external audit, reinsurance and actuarial software teams. Your responsibilities will include: Lead the development of statutory reserves and related figures for the company’s insurance liabilities. Lead the development of GAAP reserves and related figures for the company’s insurance liabilities. Support the completion of actuarial items in internal audits and within the company’s ORSA. Lead written and oral communications with the company’s external auditor. Manage the actuarial team’s utilization of MG-ALFA/Integrate and ARCVAL, the company’s actuarial modeling and valuation software. Manage Homesteader’s insurance liability reinsurance agreements, including reporting requirements and engagement with reinsurance partners. Requirements A bachelor’s degree in actuarial science, mathematics or a related field. Minimum of Associateship in the Society of Actuaries (ASA) designation with Fellowship (FSA) designation preferred. 10+ years of life insurance experience in the actuarial department or other technical area. Demonstrated understanding of statutory and GAAP life insurance product reserving. Must be proficient in Microsoft Office software applications, particularly Excel. Experience with SQL required. Prior management experience preferred. Experience with ARCVAL, MG-ALFA/Integrate, Python and Power BI a plus. Life insurance product pricing exposure a plus. Our benefits include: An excellent schedule – office closes at 1 p.m. every Friday Annual profit sharing 401(k) with company match with discretionary contribution Company-sponsored group medical and dental insurance Company-paid life insurance Company-paid long-term disability Hybrid work environment Paid holidays Generous vacation time and sick leave Paid parental leave Casual dress year-round Professional membership and licensing dues reimbursement Tuition reimbursement About Homesteaders: Homesteaders Life Company, a mutual company owned by its policy holders, is a national leader providing products and services to help people design a better farewell. Founded in 1906, Homesteaders is known for secure preneed funding and innovative solutions that help funeral and end-of-life professionals and consumers connect with each other. We are currently not hiring in Colorado, Montana, New York, Illinois, Minnesota, and California. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Responsibilities

The Director of Actuarial Services will lead the development and management of the company's statutory and GAAP reserves, overseeing monthly reporting and supporting engagement with various teams. Responsibilities also include managing the actuarial team's software utilization and reinsurance agreements.